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Banking & Finance

Power named president of Community Bank’s mortgage division

Mark E. Power, Jr. has been named president of Community Bank’s mortgage division. A native of Jackson, Power previously served as Vice President of Business Development for Community Bank and has been in banking, real estate, and the practice of law for twenty years. In his new role, Power will lead the Mortgage Division, which encompasses mortgage operations across Community ...

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Trustmark promotes Wendy Warren to vice president and trust officer

Trustmark has announced that Wendy Warren has been promoted to Vice President and Trust Officer at its Corporate Office, where she currently serves as Retirement Plan Services Client Services Administrator. She joined Trustmark in 1998 and has over 22 years of banking experience. Warren holds a Bachelor of Business Administration degree from Belhaven University.

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Renasant signs ESPN’s Herbstreit as brand partner and spokesperson

Emmy Award-winning broadcaster Kirk Herbstreit has joined Renasant Bank as a brand partner and spokesperson, the Tupelo-based bank announced today. Herbstreit is “an American sports broadcasting icon,” the bank said. “We’re thrilled to add Kirk to the Renasant team as a brand partner and ambassador,” said John Oxford, Renasant’s director of marketing. “As one of the most recognizable names and ...

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Merchants and Marine Bank named to 2020 OTCQX Best 50

Merchants and Marine Bank of Pascagoula was named to the 2020 OTCQX Best 50, a ranking of top-performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total ...

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Citizens Holdings shares steady for quarter, down for year

Citizens Holding Co. announced on Tuesday results of operations for the three and twelve months ending Dec. 31. Net income for the quarter was $1.971 million, or 35 cents per share   an increase of $256,000 from net income of $1.715 million, or 35 cents per share for the same quarter in 2018. The majority of the increase relates to ...

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Jody Moor named president of Planters Bank’s Indianola Office

Planters Bank announced that Jody Moor has been named President of Planters Bank’s Indianola office. Moor will replace Weldon Aultman, who will retire in March of this year and has served as President of Indianola for 16 years. Moor is a native of Greenwood and graduated from Mississippi State University with a BBA in finance. He completed the Graduate School ...

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Keesler Federal promotes Augustine and Curtis

Keesler Federal Credit Union has promoted Michelle Augustine to Director of Loan Operation and Thomas Curtis to Director of Indirect Lending. Augustine will be responsible for overall management of loan operations, card services, loan operations, titles/insurance and member records. She has worked 16 years at Keesler Federal, serving as card services manager, credit card manager, administrative assistant to lending management, ...

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Medical ‘pot’ advocacy groups cite big upsides in Mississippi plan

By TED CARTER The wide-open nature of Medical Marijuana Campaign 2020’s model for a Mississippi medical marijuana sector gets a wrap-around hug from cannabis advocacy organizations and business groups. “We like so far what we see out of Mississippi,” said Erik Altieri, executive director of the National Organization for the Reform of Marijuana Laws, or NORML. That affection comes from ...

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Medical cannabis could be opportunity for bankers – but a risky one

By TED CARTER Mississippi bankers can gain rewards in a medical marijuana market but risk a possible shift in U.S. Treasury Department policy that could harm their institutions. Any jeopardy posed by the 1970 Controlled Substance Act aside, the chief executive of leading U.S. legal cannabis payments provider CanPay expects at least one or more Mississippi community banks or credit ...

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